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$85,000
Est. payment /mo
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Tatums Colored Town Addn
MLS Listing ID A12007146
HOA Y/N No
Annual Tax Amount $683
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Residential
Property Description
STRIKING OPPORTUNITY FOR THE SMARTEST INVESTOR! Don't let the footprint fool you. This 3,000 sq. ft. lot is a density powerhouse. Located in the heart of Homestead's Transit-Oriented Development (TOD) Zone, this property is strategically positioned for a high-efficiency residential project that maximizes vertical space and urban utility. Potential DENSITY INCREASE under Live Local Act guidelines. Under the Live Local Act, this lot transcends traditional zoning limitations and could entitle you to build to the highest density allowed anywhere in the city for residential use. Current zoning allows up to 5 stories. Because it is located within a TOD, developers can leverage state law to completely eliminate or drastically reduce parking requirements. Administrative fast track with the permitting process. Saving time and $$$. Ideal for Micro-Unit apartments or a thoughtfully designed multi family property. Direct access to Public WATER & SEWER located right in front of property. In the 33030 market, this is one of the most affordable entries into a development project. The lower acquisition cost allows for a significantly higher ROI on the back end of a multi-unit build. Buyer to verify specific density information with Miami Dade County & City of Homestead.
**Vacant Lot next door FOR SALE / 5K square feet / $115,000 / Lowest Priced Land in Area**
**Vacant Lot next door FOR SALE / 5K square feet / $115,000 / Lowest Priced Land in Area**
Location
State FL
County Miami-dade
Community Tatums Colored Town Addn
Area 10
Exterior
Private Pool Yes
Building
Faces North
Others
Tax ID 10-78-13-052-0010
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12007146
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Listed by NV Realty Services, Inc.
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